EXERCISE 10-15 (CONTINUED) ALTERNATIVE SOLUTION

3, - SOLUTIONS TO QUESTION MANAGERIAL ACCOUNTING CH10 STANDARD COST AND THE BALANCE SCORECARD
SOLUTIONS TO QUESTION MANAGERIAL ACCOUNTING CH10 STANDARD COST AND THE BALANCE SCORECARD
3,000 yards × $5.00 per yard 3,000 yards × $6.00 per yard* 2,800 yards** × $6.00 per yard* = $15,000* = $18,000 = $16,800* ↑ ↑ ↑Price Variance, $3,000 F Quantity Variance, $1,200 U* Total Variance, $1,800 F * Given. ** 1,000 units × 2.8 yards per unit = 2,800 yards